Flanagan State Bank Mortgage Division
USDA Home Loans
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USDA Home Loans

USDA Home Loans

Are you looking for a mortgage loan that offers up to 100% financing for eligible buyers? USDA loans are available in more locations than you may think, including suburban areas. We’ll look at all possible options to make sure you get the best home loan for your needs. Work with a local lender familiar with USDA home loans—contact your nearest location to learn more!

What is a USDA loan?

USDA mortgages are backed by the U.S. Department of Agriculture. Intended to support homeowners in underserved areas, USDA loans can be used to buy, build, or repair a home in certain rural and suburban areas. Up to 100% financing is available. Borrowers must meet income thresholds and other eligibility requirements from the USDA.

Why get a USDA mortgage?

If you live in a rural area, then a USDA home loan might be the right solution for you. Benefits of USDA loans include:

  • Low or no down payment options
  • Competitive interest rates
  • Low monthly mortgage insurance cost
  • Flexible credit outlines
  • Favorable loan terms
  • Widespread eligibility

Contact us to learn more about USDA loans!

Want to learn more about USDA loans or ready to start the application process? Work with a local lender you can trust—contact your nearest location to learn more!